{LONGTERMINVESTORS} Stocks in news: Tata Steel, HCL Tech, Guj Gas, Punj Lloyd, Nitco

 

 

Stocks in news: Tata Steel, HCL Tech, Guj Gas, Punj Lloyd, Nitco Here are stocks that are in news today: Tata Communications -Liquid Telecom & RBH announce agreement to acquire company's South African subsidiary Neotel -Liquid Telecom & RBH to acquire Neotel for Rs 2,900 crore -RBH to hold 30 percent stake in Neotel post acquisition Adani Power / Tata Power -Bankrupt Sun Edison's Indian asset sale kicks of: ToI -Adani, Tata in fray for assets worth USD 1 billion HCL Technologies -Company struggles to retain existing clients: Mint -Has lost contracts worth atleast USD 1.5 billion over last 2 years Hotel Leela -Company to sell 3.85 acre land in Hyderabad this year -Expecting to fetch Rs 150 crore through sale Tata Steel -UK steel unions call for urgent meeting with UK business secretary regarding Tata Steel UK business sale -Referendum result places new 'question mark' over Tata Steel UK business sale -Senior 'leave' campaigners assured that leaving European Union will help industry -Need to understand government actions to safeguard the future of UK steelmaking NDTV - In clarification to exchanges says -Received show cause notice for Rs 525.38 crore on June 17 for AY10 -Company sure of legal remediation Other stocks and sectors that are in news today: -Bharti Infratel buyback opens on July 12, closes on July 25 -Siemens wins order worth Rs 570 crore from Power Grid -Gujarat Gas - Petroleum and Natural Gas Regulatory Board grants authorisation to lay, operate, build & expand gas distribution in Ahmedabad, Gujarat -Mahindra competes with Tata Advanced Systems for navy contract valued USD 2 billion: ET -MRO-Tek - Jitendra Virwani acquires another 0.33 percent stake in company; holding increased to 12.52 percent from 12.19 percent -Punj Lloyd - Singapore High Court approves placing units Punj Lloyd Pte Ltd (PLPL) & Sembawang Engineers and Constructors Pte Ltd (SEC) under judicial management -Shilpa Medicare board approves acquisition of Navya Biologicals Private Limited in exchange for 14 lakh shares of company (Rs 67.8 crore) -Nitco circuit filter revised to 10 percent

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